The Fourth Stage of Rostow's Stages of Economic Development Is

question 51

Multiple Choice

The fourth stage of Rostow's stages of economic development is the ___________and is accompanied by a high standard of living.

• A) technological maturity stage
• B) traditional stage
• C) high mass consumption stage
• D) take-off stage

---

Definitions:

Pooling of Interest

An accounting method for mergers and acquisitions where the assets and liabilities of the combining companies are aggregated.

Synergy

The benefit that results when two or more agents work together to achieve something neither could have achieved on their own.

Incremental Net Gain

The increase in net profit resulting from a specific action, taking into account all associated costs and revenues.

Merger or Acquisition

A business strategy where two companies combine (merger) or one company purchases another (acquisition) to enhance competitive strengths or enter new markets.